1-bed · 705 sqftBinghatti Canal, Business Bay · Ground floor · completed 2023

M01, Binghatti Canal

Sold prices and rental history: sold 3 times, last in December 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit M01 · DLD and Ejari recordsUpdated 8 December 2025
Last soldAED 1.74M8 December 2025
Current rentAED 120K /yr8 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M01, Binghatti Canal

What is M01 worth today?

Last sold for AED 1,740,000 in 2025

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8 Dec 2025SoldReady
AED 1,740,000AED 2,466 per sqft
8 Oct 2025RentedNew contract
AED 120,000/yr12 months · AED 169 per sqft
1 Oct 2024RentedNew contract
AED 117,684/yr12 months · AED 166 per sqft
12 Jul 2024SoldReady
AED 1,540,000AED 2,182 per sqft
16 Aug 2022Sold by developerOff-plan
AED 1,200,000AED 1,700 per sqft

Source: Dubai Land Department. Updated 8 December 2025.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
Ground of 21
Parking
P2-41
Developer
Binghatti
Completed
2023
Service charge
AED 12,500 /yr
Last sold
AED 1.74M · December 2025

About M01, Binghatti Canal

M01 is a one-bedroom apartment of 705 sqft on the ground floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 8 December 2025 for AED 1,740,000, or AED 2,466 per sqft, 16% above the AED 2,131 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 8 October 2025, is AED 120,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 12,500 a year.

Sales and rents for M01 over time

Sales
Unit M01, each saleTypical one-bed in Binghatti Canal
1.25M1.5M1.75M202220242026Typical sale price by year: 2022 AED 1,196,000; 2023 AED 1,300,000; 2024 AED 1,530,000; 2025 AED 1,500,000; 2026 AED 1,475,000Sold by developer, August 2022: AED 1,200,000 (AED 1,700 per sqft)Sold, July 2024: AED 1,540,000 (AED 2,182 per sqft)Sold, December 2025: AED 1,740,000 (AED 2,466 per sqft)

M01 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit M01, each contractTypical one-bed in Binghatti Canal
100K120K20232024202520262027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 102,500New contract, October 2024: AED 117,684 a yearNew contract, October 2025: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Binghatti Canal, and where M01 sits

All 128 1-beds →

M01 last sold in December 2025 at AED 2,466 per sqft, 16% above what one-beds in Binghatti Canal were fetching at the time (AED 2,131). Over the last 12 months one-beds sold for AED 1,330,000 to 2,100,000, around AED 2,116 per sqft, and rent for AED 40,000 to 149,464 a year. M01's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,350,000
14 Aug 20261,330,000
11 Aug 20261,500,000
3 Apr 20262,100,000
8 1-bed sales in the last 12 months

Binghatti Canal

Building

301 apartments, studios to 2-bed over 21 floors in Business Bay, completed in 2023 by Binghatti. 27 sold in the last 12 months.

Typical price per sqft
AED 2,008 Down 4.6%
Typical sale
AED 2.1M
Typical rent
AED 100K /yr
Typical yield
7.2%
Binghatti Canal, Business Bay: prices, sales and rents →

Other units on the ground floor

All 301 units in Binghatti Canal
Value
M022-bedAED 3.1M · May 2026
M03StudioAED 820K · Sep 2022
M04StudioAED 1.05M · Jul 2023
M052-bedAED 2.65M · Apr 2024
M061-bedAED 1.2M · Nov 2022
M071-bedAED 1.44M · Oct 2025
M081-bedAED 1.25M · Dec 2022
1–7 of 13

M01, Binghatti Canal in numbers

  • Sold 3 times: first on 16 August 2022 for AED 1,200,000, last on 8 December 2025 for AED 1,740,000 (AED 2,466 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, from AED 117,684 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2025 price is 6.9%, before a service charge of about AED 12,500 a year (AED 17.68 per sqft).
  • One-beds in Binghatti Canal sold for AED 1,330,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,008 per sqft.

Source: Dubai Land Department. Updated 8 December 2025.

Questions about M01, Binghatti Canal

What did unit M01 last sell for?

AED 1,740,000 on 8 December 2025: AED 2,466 per sqft for 705 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in August 2022.

What is the rent for unit M01?

AED 120,000 a year on the contract signed on 8 October 2025. The previous contract, from October 2024, was AED 117,684.

How big is unit M01?

705 sqft (65.5 sqm): a one-bedroom apartment on the ground floor of a 21-storey tower completed in 2023.

What is unit M01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Canal sold for AED 1,330,000 to 2,100,000 in the last 12 months, around AED 2,116 per sqft.

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Mortgage on M01, Binghatti Canal

Starts from the last sale price (AED 1.74M, 8 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,740,000
Deposit, UAE resident (20%)
AED 348,000
Deposit, non-resident (40%)
AED 696,000
Monthly over 25 years at 3.7%
AED 7,119

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →